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Pages:
2 pages/β‰ˆ550 words
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3 Sources
Style:
APA
Subject:
Technology
Type:
Essay
Language:
English (U.S.)
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MS Word
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Topic:

Aps 295 Written Assignment 4

Essay Instructions:

Written Assignment 4 The final project of this course will be built on written assignments 2 to 5. From Written Assignment 2, each written assignment is structured to build upon the previous ones. The final project which is also Written Assignment 6 will combine and integrate the four written assignments into one final paper. More details are available in Module 6. Final Project Part 3 The focus on the third part of this project is to write a 2-3 page (350 words per page) paper in APA format addressing the following topics below for the new technology or application selected in the previous written assignments. You should also include as part of this paper any acknowledgements and resources used (e.g., websites, textbooks, articles). Each written assignment should include four or more references. •Develop and describe a technology lifecycle model (including the time and cost of development, the amount of time to recover the cost, and return on investment (profit) based on the development costs and risks) and/or product lifecycle model (including timing, marketing measures, and costs associated with the life of a product) for the new technology or application •The acceptance process as it relates to the technology or product lifecycle

Essay Sample Content Preview:

Aps 295 Written Assignment 4
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Institution
Introduction
The term technology life cycle could be elucidated as the business cycle of a product because it focuses on how the technology affects the product and the different stages of the technology. It includes the research and development process, stages of growth, maturity and the decline stages of the technology. Furthermore, it describes commercial profits of a technology, time taken to recover costs (based on risks). It is also crucial to define a product life cycle life cycle because it lays the foundation for the upcoming discussion. According to Stark (2011), a product life cycle deals with the performance of a product in the market. It includes the marketing measures, timing, and costs associated with a product. This paper discusses the acceptance process, technology, and product cycles for the iPhone 5C model.
The Technology Life Cycle
According to Apple.Inc (2013), the iPhone 5 C consumed $1.18 billion on research and development. Breaking this cost down with respect to a single product reveals that the cost for a single iPhone (in terms of research and development) is 18.85 (Sherman, 2013). Other elements of the product also contributed to the cost for developing the product. These elements include the licensing fees, cost of production, cost of packaging, cost of mechanical parts, power management, flash memory, display touch screen, cameras, processor, battery, cellular, and wireless radios ($226.85). Additionally, the product had operating expenses ($61.18), wholesale, and retail mark up costs ($68.90) that reduced the profit. Considering all the aspects and the risks involved, the product had a profit of $293.06 because it’s selling price ($649.99). To add insult to injury, market anxiety enabled Apple to recover the cost of production after selling 31.241 million iPhones in three months.
The Product Life Cycle
The product life cycle has four main stages, which ...
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